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***Court suspends enforcement of the Corporate Transparency Act and associated BOI reporting.***
Court suspends enforcement of the Corporate Transparency Act and associated BOI reporting.

On December 3, 2024 a federal district court in the Eastern District of Texas granted a nationwide injunction, enjoining government enforcement of both the Corporate Transparency Act and the associated reporting rule requirements (i.e. BOI or Beneficial Ownership Information reporting).

This temporary injunction will likely be appealed by the government to the US Court of Appeals, and beyond (if necessary). It would be well to be prepared to comply with the BOI reporting rule in the event the decision is overturned, but until further notice, the mandatory reporting to the Financial Crimes Enforcement Network by “Reporting Companies” is suspended.

See FINCEN's website for the latest Alert: https://fincen.gov/boi

If you have questions, please contact your attorney.

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Unemployment During COVID-19 Pandemic

Kelly C. Dohm
Blog, COVID-19, Kelly C. Dohm, Legal Updates

The CARES Act went into effect, March 27,2020.  The CARES Act changes the landscape of unemployment compensation in our country.  The changes that will have the biggest impact in Minnesota for unemployment are three things. Firstly, the CARES Act expands coverage for individuals that are not typically eligible for unemployment benefits through December 31, 2020.  Secondly, the CARES Act extends benefits from 26 to 39 weeks through December 31,2020.  Thirdly, the act also provides an additional federally funded supplement of $600.00 per week through July 31, 2020.  Attorney Kelly Dohm explains the benefits of the CARES Act during this interview on KDUZ 1260 AM’s show “Legal Update.”

Kelly Dohm helps businesses, municipalities, health care professionals and other individuals with their employment law concerns. She prides herself on reaching early resolutions, often resolving matters without litigation. Contact Kelly to discuss your employment law needs at (952) 442-7700.

 

Kelly C. Dohm
Kelly helps businesses, municipalities, health care professionals and other individuals with their employment law concerns. She prides herself on reaching early resolutions, often resolving matters without litigation. Contact Kelly to discuss your employment law needs at (952) 442-7700.
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